Rye, NY
Population 16,410 · New York
About Rye, NY
Rye is a mid-sized city located in New York with a population of 16,410 residents according to the latest US Census Bureau American Community Survey data. The median household income is $237,727 per year, which is 216% above the national median of $75,149. The median age of 41.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Rye features a median home value of $1,785,400, which is 629% above the national median of $244,900. This places Rye in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,751, 137% above the national average of $1,163/month. Of the 6,151 total housing units, 71% are owner-occupied (4,063 units) and 29% are renter-occupied (1,695 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Rye shows an unemployment rate of 5.5%, which is near the national rate of 3.7%. The poverty rate stands at 3.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Rye have an average one-way commute time of 39.4 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
80.5% of Rye residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.7% White, 0.7% Hispanic or Latino, 1.5% Black or African American, and 4.6% Asian residents, with 20.4% of the population being foreign-born.
How Rye Ranks in New York
Cost of Living in Rye, NY
Compared to national averages, Rye has a median household income of $237,727 (216% above the national median of $75,149). Home values average $1,785,400, which is 629% above the national median. Monthly rent at $2,751 is 137% above the US average of $1,163. Within New York, Rye's income is 145% above the state average of $96,987, and home values are 361% above the state median of $387,181.
Why Live in Rye, NY?
Rye offers a strong local economy with a median household income of $237,727, well above the national average, and a well-educated community where 80.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,785,400. However, Rye’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Rye has a population of 16,410 with a median age of 41.9 years. Compare Rye with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Rye
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mastic Beach | 16,382 | $109,381 | $326,600 | Compare |
| Pearl River | 16,282 | $146,574 | $567,800 | Compare |
| Kings Park | 16,249 | $118,723 | $586,300 | Compare |
| Farmingville | 16,605 | $129,920 | $444,300 | Compare |
| Fort Drum | 16,124 | $63,194 | $0 | Compare |
| Floral Park | 16,025 | $150,350 | $754,300 | Compare |
| Seaford | 15,884 | $156,488 | $631,000 | Compare |
| Massapequa Park | 16,985 | $170,470 | $626,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Rye With Other Cities
Frequently Asked Questions about Rye
What is the population of Rye, NY?
The population of Rye, NY is 16,410 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in New York.
What is the median household income in Rye?
The median household income in Rye, NY is $237,727 per year, which is 216% above the national median of $75,149.
What is the median home value in Rye?
The median home value in Rye, NY is $1,785,400, which is 629% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Rye?
The median monthly rent in Rye, NY is $2,751, which is 137% above the national average of $1,163/month.
What is the unemployment rate in Rye?
The unemployment rate in Rye, NY is 5.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Rye, NY a good place to live?
Rye offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 16,410 and a median age of 41.9, the city appeals to a broad range of residents.
How educated is Rye, NY?
80.5% of residents in Rye aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Rye?
Key cost-of-living indicators for Rye, NY: median home value is $1,785,400 (629% above national), median rent is $2,751/month, and median household income is $237,727. The home-value-to-income ratio is 7.5x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Rye?
The poverty rate in Rye, NY is 3.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Rye, NY?
Rye's population is 0.7% White, 0.7% Hispanic or Latino, 1.5% Black or African American, 4.6% Asian, and 1.7% two or more races. 20.4% of residents are foreign-born.